508 Harrogate RdPittsburghPA15241
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Pittsburgh at 508 Harrogate Rd, Pittsburgh, PA, 15241 with 5% annual appreciation on a $525,000 basis while $3,755/mo rent supports operations. Total monthly income totals $3,755/mo and a $2,570/mo payment preserves $314/mo for cash returns. Annual cash flow comes to $3,772/yr on $172,725 deployed, and return on cash invested reaches 22.24% in year one. Equity gained on principal adds $3,388/yr, and five-year appreciation sums $145,048 alongside rental yield of 8.58%. Five-year ROI measures 115.82% and total cumulative return in cash totals $200,049.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,755/mo property income versus a $2,570/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15241, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,077 (100%) |
| Owner Occupied HU | 7,263 (80.0%) |
| Renter Occupied HU | 1,175 (12.9%) |
| Vacant Housing Units | 639 ( 7.0%) |
| Median Home Value | $439,560 |
| Average Home Value | $493,591 |
Housing Distribution
Address Breakdown
Residential
8,485
Single Family
7,508
Multi-Family
977
Businesses
866
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Listed by: John Adair • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1717571